IFSC Code, MICR Codes for FEDERAL BANK in PUNJAB - LUDHIANA - LUDHIANA - LUDHIANA EXTN COUNTER

FEDERAL BANK RTGS HO Branch in LUDHIANA - Address, IFSC, MICR Code


IFSC Code

FDRL0001520

MICR Code

NA

Branch

LUDHIANA EXTN COUNTER

Contact

0

Address

LUDHIANA CHHRISTIAN MEDICAL COLLEGE LUDHIANA

City

LUDHIANA

District

LUDHIANA

State

PUNJAB





What is IFSC Code of FEDERAL BANK situated at LUDHIANA EXTN COUNTER- RTGS-HO?
IFSC Code of FEDERAL BANK situated at LUDHIANA EXTN COUNTER - RTGS-HO is

FDRL0001520

What is the meaning of IFSC Code, MICR Codes in Banking industry?
IFSC or Indian Financial System Code is the code allocated to all banks branches. Bank branches use this code to participate in RTGS and NEFT transactions.

What is the significance of IFSC Code and how we can use it?
IFSC Code is a 11 digit code and we can use this code to communicate between different branches of different banks. Upon receiving the request for fund transfer it is easy for a bank to identify the payee branch. First four characters are code of bank, last six digits are branch code and fifth character is left 0, for any future use.